Japanese consumer electronics company Sharp is reportedly in talks with chip manufacturers Intel and Qualcomm to receive a joint investment of 30 billion yen (US$378 million).

According to Reuters Wednesday, the three parties are locked in talks about the fund injection but details of the negotiations are unknown, two unnamed sources revealed.

Sharp may reach an agreement as early as the end of November with Qualcomm, one of the sources added. The talks with Intel are less firm due to the chipmaker's unclear financial picture, it added.

A Sharp spokesperson told Reuters no decisions have been made about accepting investments from other companies. Meanwhile, both Qualcomm and Intel spokespeople told ZDNet Asia it will not comment on rumors or speculation.